Why is Solana (SOL) price up today?
Solana’s price is up today as Jerome Powell delivers his most dovish outlook in years, raising bets on a 100% rate cut in September.
Related Posts
KlimaDAO increases carbon offset stash by 50% in two months
The carbon offset accumulating DAO on Polygon has rapidly increased the amount of offsets it has in its treasury by increasing spending and diversifying its source of offsets. 615 Total views 20 Total shares Carbon offset protocol KlimaDAO has now accrued over 14 million on-chain carbon offsets and is causing waves in the more traditional…
Most Digital Tokens ‘Will Go to Zero’ Says Digital Currency Group CEO
Barry Silbert, CEO and founder of Digital Currency Group and Grayscale Investments, said that the majority of digital tokens will not have value in the long run, CNBC reports on Feb. 13.In a purported phone interview with CNBC, Silbert said “I’m not a believer in the vast majority of digital tokens and I believe most…
How NFTs are making real estate investments more attainable
Analysts continue to view real estate as a secure and lucrative investment based on its history of higher returns, especially when compared to traditional stocks. In many ways, stability can be likened to the scarcity principle driving demand. But ultimately, there are only so many plots of land available in the world today unless explorers move…
ECB report likens PoW to fossil fuel cars, PoS to electric vehicles
European Central Bank researchers anticipate a clash between the green transition policies and Bitcoin investors. Amid the soaring inflation, the European Central Bank (ECB) has found time to sum up its concerns about the “significant carbon footprint” of Bitcoin (BTC) and other cryptocurrencies, which require vast amounts of computational power. ECB published the report titled “Mining the environment…
Bitcoin FOMO? Tesla and these four stocks crushed BTC’s gains in 2020
Bitcoin (BTC) has wowed investors with all-time highs and year-to-date returns of over 200% — but there are stocks that still beat it.As of Dec. 22, markets' data shows that no fewer than five companies’ stocks have given investors better rewards than a Bitcoin position since the start of 2020.BTC/USD vs. TSLA, ZM, PTON, MRNA,…
South Korea’s ruling party proposes to delay crypto tax to 2028
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule.
Crypto funds see 4th consecutive weekly outflows as institutions diversify holdings, says CoinShares
Institutional investors are diversifying into altcoins amid the latest market downturn. Multi-asset investment products registered another sharp rise in weekly inflows. 313 Total views 255 Total shares Institutional outflows from cryptocurrency funds intensified last week, a sign that fund managers were still taking profits on their Bitcoin (BTC) holdings following a historic run-up through April. Digital…
Andreessen Horowitz joins push against FinCEN’s 11th-hour crypto rules
The venture capital firm has taken issue with U.S. regulators latest move against crypto. 2723 Total views 19 Total shares Major venture capital firm Andreessen Horowitz, also known as a16z, is the latest crypto-related form to oppose a recently proposed regulation in the United States.According to a blog post by a16z general partner Kathryn Haun,…